The Pollock auction record is $11,500,000 so David Geffen’s sale of No 5, 1948 for $140,000,000 is something of a jaw-dropping result.
It’s also the American high price paid by some other insane multiple (I want to say at least 3 or 4 times.) I know the American record at auction is a Bellows painting that sold for around $27,000,000, but I’m pretty sure there were a couple of private sales north of that (Homer maybe?)
Here’s the painting, by the way:
By TomOkeefe 2006/11/06 - 11:39
Damnnnnnnnnnnn!